Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

28
Posts
10
Votes
Antonio Martinez
  • Flipper/Rehabber
  • Whittier, CA
10
Votes |
28
Posts

Hard money/private money

Antonio Martinez
  • Flipper/Rehabber
  • Whittier, CA
Posted

Ok. Not my fist rodeo on investing. Currently doing in flip in Anaheim California. Yes I saved like crazy and The investment is with personal money. I currently want to buy some long term rentals and my newby question is can some explain me how the process of private/hard money works?

For instance let say I need 100k loan.

I hear point, origination fee. Percentage? Do I need a corporation? Can it be lend to me as an individual? Never used any other type of money but my own so I am completely dissatisfied with my knowledge on the matter. Please help out.

Thanks

Loading replies...